As Day One of the Law Firm Leaders Forum came to a close, Dr. Heidi Gardner, lecturer on law and distinguished fellow, Center on the Legal Profession, Harvard Law School, led an introspective panel on how successful firms innovate and change in the face of an uncertain future. Lucy Endel Bassli, assistant general counsel, Legal …
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Law Firm Leaders Forum 2015 – Legal Marketplace Seeing Hyper-Competition amid Flat Demand
The legal industry has changed dramatically in the years since the beginning of the Great Recession, and is now driven by market forces like hyper-competition, technological innovation and slower demand for legal services. These forces continue to push change on the industry, forging it into something very different from what it was less than a …
- October 8, 2015
- Leonard Lee
EUROPEAN COURT OF JUSTICE: US SAFE HARBOR SCHEME NOT SO SAFE
The European Court of Justice declared on Oct. 6 that the EU Commission’s U.S. Safe Harbor scheme is invalid. Large-scale information gathering programs in the U.S. surfaced by Edward Snowden gave rise to the Court’s concerns whether the requirements of EU law are observed when personal data is transferred to “undertakings” in the U.S. The …
- October 8, 2015
- Sean Doherty
Law Firm Leaders Forum 2015 — Bob Woodward on Leadership: Presidents, CEOs and the Larger Lessons
After a busy morning of sessions at Law Firm Leaders Forum, Bob Woodward, associate editor, The Washington Post, delivered the keynote address to the assembled attendees. Woodward began with advice his father, himself a lawyer, gave Woodward in his youth. “The lawyers are the key to everything. Lawyers say profound things, unless you listen closely.” …
- October 8, 2015
- Alex Cook
Law Firm Leaders Forum 2015 — The Parallax View: An Annual Report on the State of the Profession and Business of Law
The 20th annual Law Firm Leaders Forum began this morning with an introspective look at the state of the legal industry. Ralph Baxter, chairman of Thomson Reuters Legal Executive Institute began with a review of key data points from the Peer Monitor Index. Citing that the total size of the current legal market sits at …
- October 8, 2015
- Alex Cook
THE END OF THE OFFICE AS WE KNOW IT, PART 2
Click here for part one of this post. What will work look like in 2025? Predicting the future is a risky business, so it’s something we lawyers ought to feel comfortable with – risk. We know all about risk, right? But as technology continues to develop and various trends, demographic shifts, and other factors create change, …
- October 8, 2015
- Alex Cook
The Law Firm Leaders Forum Turns 20
We are convening our 20th annual meeting of the Law Firm Leaders Forum this week in New York. It has been a great joy for me to chair this meeting each year, especially in light of how significantly our legal ecosystem has changed over the course of those 20 years. We created the Forum to provide …
- October 6, 2015
- Alex Cook
Westlaw and CLEAR Now Available on PROSECUTORbyKarpel
Prosecutors, investigators and attorneys now have access to the most up-to-date, accurate public records and legal information through the industry’s leading prosecutor case management system. Thomson Reuters premier legal research solution, Westlaw, and its powerful investigative platform, CLEAR, are now integrated into the PROSECUTORbyKarpel case management platform. PROSECUTORbyKarpel is a featured product from Karpel Solutions, …
- October 6, 2015
- Alex Cook
Anatomy of a Decision: Enterprise Legal Management
As legal departments face mounting pressures to reduce their legal spend, manage costs and demonstrate value to the organization, enterprise legal management (ELM) systems are more and more in the fore as a key player to address those challenges. Blue Hill Research recently produced an “Anatomy of a Decision” report titled Selection of Thomson Reuters …
- October 5, 2015
- Jeff McCoy
Who Controls the Internet?
Google still has not announced whether it will appeal a ruling earlier this year by the Court of Appeal for British Columbia ordering the Internet giant to remove certain links from its search engine – not just in British Columbia, but worldwide, because of a trademark infringement lawsuit brought by tech company Equustek. The ruling …
- October 5, 2015
- Leonard Lee